The deadline for Enron shareholders to file a claim for their share of the $7.2 billion Enron securities class action settlement has come and gone, but shareholders are now receiving new notices to submit claims in the SEC’s separate $450 million settlement in its Enron cases.
As discussed by the Houston Chronicle, the SEC settlement has a different distribution schedule and a later dealine to submit a claim: April 6, 2009, according to the SEC’s notice sent to shareholders. The article notes that those who were eligible to receive part of the $7.2 billion are not necessarily eligible to receive part of the SEC’s smaller fund:
Shareholders eligible for part of the $7.2 billion must have bought stock between Sept. 9, 1997 and the day Enron went bankrupt, Dec. 2, 2001. That’s the span of time covered in that litigation.
But the SEC fund’s eligibility period is shorter, covering stock purchases between Jan. 20, 1998, and Nov. 7, 2001.
The SEC’s $450 million fund is a combination of civil fines collected since 2002 from banks that settled allegations that they helped Enron commit fraud, including $135 million from JPMorgan Chase, $101 million from Citigroup and $80 million from the Canadian Imperial Bank of Commerce.
Information and documents including claim forms are available at www.enronvictimtrust.com.
Read the Houston Chronicle article
Please forward claim forms for Enron Victim Trust. Also, I need assistance in detailing purchases of Enron Stock. I trusted Rieley Financial to invest my retirement funds,but transferred my entire portfolio to Century Management. I have looked through my past records and have not, to this date, found investment records from Rieley Financial. I am continuing to search. Any assistance would be greatly appreciated.
Thank,
David Owen Harrison
1417 Surrey Meadow Drive
South Jordan, UT 84095
801-446-6181
243-7199
harrisondo@comcast.net
Please send application forms to apply for settlement from new SEC established fund. Thank you, Bill Budd
William H. Budd
P.O.Box 1110
Big Piney, Wyo. 83113
Please forward forms to apply forSEC’s ENRON FAIR FUND distribution.
Thank you.
A Jaffee
Please forward forms to apply for SEC’s ENRON FAIR FUND distribution.This is a new fund in addition to the Enron Securities Litigation
Thank you.
A Jaffee
11831 Stuckey Lane
Houston.Texas 77024
Please foward forms to for SEC’S ENRON FAIR FUND DISTRIBUTION. I had 30,0000 shares recommend by my broker, and I losted the entire amount. I need your help!
Thank you,
Kenneth W. Sauvain
Thank you so much for being truthful. What about the former employees who are still waiting to recieve payment for their
401k? Please shed some information to help me because I have not been recieving mails regarding court presideings.
Thank you again,
Roberta Birhiray
As the article states: Information and documents including claim forms are available at http://www.enronvictimtrust.com. Securities Docket has no involvement in the settlement.